UNITED-STATES CREDIT UNION MOTIVATION FOR INVOLVEMENT IN THE 1ST-MORTGAGE MARKET

被引：7

作者：

TRIPP, JD ^{[1
]}

SMITH, SD ^{[1
]}

机构：

[1] UNIV ARKANSAS,HAROLD A DULAN FINANCE CHAIR,FAYETTEVILLE,AR 72701

来源：

JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS | 1993年 / 7卷 / 03期

关键词：

CREDIT UNIONS; 1ST-MORTGAGE LENDING;

D O I：

10.1007/BF01096969

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

U.S. credit union involvement in first-mortgage lending has grown rapidly since extended lending powers were granted through several regulatory changes from 1977 to 1984. The purpose of this study is to examine credit unions that initiated first-mortgage lending programs during the period 1983 through 1988, and attempt to identify factors or variables that influenced the decision to become active in the first-mortgage market. The results indicate that there are certain factors that distinguish credit unions that become involved in first-mortgage lending from those that do not. Specifically, the size of a credit union, a full-service orientation, and a residential type of membership bond were factors consistently significant in their relationship to first-mortgage initiation.

引用

页码：229 / 236

页数：8